REVIEW: The rally on Bursa Malaysia was at full throttle over the past week amid a pick-up in global sentinemt, led by Wall Street, as investors believed they had seen the worst of the coronavirus outbreak.

MALAYSIAN shares continued their good run in the first week of June, fuelled by liquidity and optimism over economic revival as global Covid-19 lockdowns ease. This is in tandem with global market trends.

PETALING JAYA: Despite an impairment that dragged offshore oilfield services provider Bumi Armada Bhd into the red for the recently-concluded quarter, the company should be one of the few which are somewhat impervious to the current oil down-cycle.

SINGAPORE: Singapore Telecommunications Ltd's annual net profit plummeted about 65% to the lowest in more than two decades and it did not provide forecasts for the current year, citing uncertainty due to the Covid-19 pandemic.